Insight into the Business Landscape of Francophone Africa
Name:
Insight into the Business Landscape of Francophone Africa
Date:
April 21, 2015
Time:
7:30 AM - 9:00 AM EDT
Website:
http://www.facc-atlanta.com
Registration:
Register Now
Event Description:
The FACC Southeast Chapter and the Alliance Française Atlanta are committed to promoting a coordinated approach to exploring the social, cultural, linguistic and economic situations in other Francophone areas.
This seminar scheduled during Africa Belle 2015 will explore expanding opportunities for business and investments between the French American business community in the Southeast and the Francophone Africa : a fast growing region.
This year's conference emphasizes on how to invest in Francophone Africa.
This seminar scheduled during Africa Belle 2015 will explore expanding opportunities for business and investments between the French American business community in the Southeast and the Francophone Africa : a fast growing region.
This year's conference emphasizes on how to invest in Francophone Africa.
Specific themes :
- French speaking African market : Political and emerging economic climate update.
- Advantages and risks involved with investing in Africa, strategies to win new market in Africa.
- US / French investments in Africa : Identify and seize upon trade and investment in Africa - Resources available for French -American companies looking to expand into the Francophone African market, main legal or administrative steps for exporting to Africa.
- Where to invest : where are French or US corporations currently investing in Africa
- What main cultural differences need to be considered when working with Africa.
- Rwanda : study case.
- Latif Oduola-Owoo, Experienced Attorney and Founding Partner of Arrington | Owoo P.C.
- Yosef Kebede, Business Development Consultant at Engineering Design Technologies, Inc. and Adjunct Faculty at the Sheller College of Business
- Yosef Kebede, Business Development Consultant at Engineering Design Technologies, Inc. and Adjunct Faculty at the Sheller College of Business
*******
Business in Francophone Africa - at a glance:
Africa is not a country. It is a continent that can fit the whole of the US, China, India and part of Europe. The potential is clearly gigantic.... Africa has a rich and diverse history. One needs to fully appreciate it to have even a glimpse of a chance to be really successful in that part of the world. Understand ancient kingdoms and local history, the rules and the culture, to connect with and embrace a population proud of their cultural heritage.
Africa is truly the heart of global natural resources. From soy to wheat, oil to iron ore, bauxite or cobalt ? but the lack of infrastructure hinders the region?s potential to be a player in the emerging new world order. Africa?s average growth over the last 60 years amounted 4.9%. That?s an inch away from the Middle East at 5.2% and only 3% short of Asia. We say only considering that large parts of Africa have been a war zone for about the same amount of time. With more stability hopefully on the way, elections all over the continent, the speed of growth can only increase. Recent success stories can testify.
ONE number: $1.6 trillion ? $1.6 trillion of aid flowing to Africa in the last 60 years. In the current economical climate, this is doomed to end sometime soon. A mix of only direct foreign investment and increased national investment will soon become essential to sustain the continent?s needs. China is already moving very fast in that space, securing lands, resources and privileged trade routes. Don?t miss the train!
ONE picture: Facebook?s significant penetration in Africa. This shows the rapidly moving usage of social media and......widespread embrace of the internet. Don?t miss the trend!
ONE fact: The data suggests that French language just might be the language of the future. French isn?t mostly spoken by French people, and hasn?t been for a long time now. The language is growing fast, and growing in the fastest-growing areas of the world, particularly sub-Saharan Africa. The latest projection is that French will be spoken by 750 million people by 2050. Time to learn!
Africa is truly the heart of global natural resources. From soy to wheat, oil to iron ore, bauxite or cobalt ? but the lack of infrastructure hinders the region?s potential to be a player in the emerging new world order. Africa?s average growth over the last 60 years amounted 4.9%. That?s an inch away from the Middle East at 5.2% and only 3% short of Asia. We say only considering that large parts of Africa have been a war zone for about the same amount of time. With more stability hopefully on the way, elections all over the continent, the speed of growth can only increase. Recent success stories can testify.
ONE number: $1.6 trillion ? $1.6 trillion of aid flowing to Africa in the last 60 years. In the current economical climate, this is doomed to end sometime soon. A mix of only direct foreign investment and increased national investment will soon become essential to sustain the continent?s needs. China is already moving very fast in that space, securing lands, resources and privileged trade routes. Don?t miss the train!
ONE picture: Facebook?s significant penetration in Africa. This shows the rapidly moving usage of social media and......widespread embrace of the internet. Don?t miss the trend!
ONE fact: The data suggests that French language just might be the language of the future. French isn?t mostly spoken by French people, and hasn?t been for a long time now. The language is growing fast, and growing in the fastest-growing areas of the world, particularly sub-Saharan Africa. The latest projection is that French will be spoken by 750 million people by 2050. Time to learn!
